Car Glossary ›› Excessive Wear and Tear Definition - Car Leasing Glossary

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Word Definition
Excessive Wear and Tear This is the term that refers to any damages or changes to a leased vehicle which the leasing company finds to be abnormal or unreasonable. These changes should be clearly defined in the lease agreement before either party signs. There are times when these changes are negotiable, and they can be changed at lease signing. For example, paint chips may seem inevitable to the lessee, but not the lessor. This is an issue that would need to be addressed before the lease signing takes place.
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